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Nigerian online retail store, Payporte on course to stifle Pay on Delivery model by end of 2015

Published by Techpoint on Fri, 04 Dec 2015


One of the biggest obstacles to the growth of eCommerce in Nigeria is obviously adoption. This peculiarity has led local eCommerce players to take on radicalmarketing strategies in an attempt to get more users on board --Black Friday campaigns, that saw one player claim to process billions of naira in orders, Free Shipping, Pay (Cash) on Delivery models, they've tried them all.Perhaps the mostpolarizing of these strategies is thePay on Delivery (PoD) model. While some would argue that PoD is a necessary evil towards the growth of eCommerce, others believe it needs to die. For the most part, eCommerce players have been sitting on the fence of this debate, until now.In an interview with Techpoint over the past week, Payporte Founder and CEO, Eyo Bassey had this to say aboutPay on Delivery:Payporte is going to be done with Pay on Delivery by December 2015.Forthose that want to come into the eCommerce space, I'd tell them the truth -- Pay on Delivery is not a sustainable business model. Payporte already has it on its roadmap that by December 2015, Pay on Delivery will be a more expensive option. We will not end it outright but it will be a more expensive option as against the norm.If the plans go through, it would be a first for an all-purpose online retail stores in Nigeria. What do you think about Payporte's decision to make PoD a more expensive alternative to shopping online' Do you think other online retail storesmight follow suit, especially considering that the likes of Konga have started aggressively pushing other payment alternatives'You can sound off in the comments section below.Photo credit:diamondbackonline.com.The post Nigerian online retail store, Payporte on course to stifle Pay on Delivery model by end of 2015 appeared first on Techpoint.ng.
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